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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Chip McVickar who wrote (12539)1/12/1999 3:12:00 PM
From: SE  Read Replies (1) of 44573
 
Further FYI:

2.5% Limit move is down only. Once a limit offer has been established, trading can occur at or above this limit for 10 minutes or until 2:30 p.m. Chicago Time (CT). Trading will halt for two minutes if the primary futures contract is limit offer at the end of the 10 minutes or at 2:30 p.m. Before 2:30 p.m. CT, trading will resume with the 5% limit in effect; after 2:30 p.m. CT, the 10% limit will be in effect.

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If they are planning on playing games, it is being set up nicely. Limit down at 2:30 halts trading for only 2 minutes and then instead of 5% limit in effect, 10% is in effect. Wouldn't that be something to see.....more than 27 points in a half hour! :)

No I am not proposing this as a realistic possibility.

But something that would be interesting....
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